The National Cyber Security Alliance has indicated that 60 percent of small and medium-sized businesses that experience a cyber attack shutter their doors within six months. While it’s possible that in some cases it’s mere correlation, not causation, it still seems to indicate that cyber protection is one of the competencies a strong startup must have in place to survive.
The numbers also suggest that entrepreneurs have a significant risk to consider when it comes to cybercrime.
According to research from Symantec, about 43 percent of all cyberattacks target small businesses. Unfortunately, many of these businesses believe cybersecurity is a secondary concern, mistakenly thinking that larger companies have more of the information resources that cybercriminals seek.
If you are in charge of a startup or have any influence over its development, there is good news. Although developing a cybersecurity defense may seem intimidating, you can achieve what you need with a few savvy investments, tools and plans. Recently, an Entrepreneur feature highlighted seven cybersecurity tools and resources that small business owners should incorporate.
For each of these areas, Lunarline has some additional advice to offer:
Cybersecurity Tools for Entrepreneurs
Password tools: Experts have recently rethought the rules for strong passwords. That means any business using a password manager should keep these apps updated and always use the latest version.
VPNs: While virtual private networks are a critical tool for your privacy online, keep in mind that not all of these tools are equally effective. A recent review discovered significant discrepancies between tools. Make sure you put in the research before settling on a VPN.
Firewall: A foundational element of a security program. Keep in mind, however, that security solutions do not begin and end with the firewall.
Better hardware, and better software: If you are just launching your startup, it pays to begin your software development and network structuring projects with cybersecurity in mind.
Education: Privacy training should be a priority for companies of any size. Additionally, today’s entrepreneurs can benefit from a functional understanding of cybersecurity concepts and methods. Accessible cybersecurity education programs are available to help fill in the knowledge gaps.
Lunarline is here to help entrepreneurs get started with a secure business. Our suite includes innovative product solutions, consultative services, and in-depth education for professionals at every level. For more information, contact us online today.